Food Safety Products and Testing Market Rising due to Increasing Outbreaks of Foodborne Diseases

Food Safety Products and Testing Market Rising due to Increasing Outbreaks of Foodborne Diseases

  • Submitted By: amyjames
  • Date Submitted: 03/14/2016 3:21 AM
  • Category: Business
  • Words: 2043
  • Page: 9

Transparency Market
Research
Food Safety Products Market And Food Safety Testing
Market - Global Industry Size, Market Share, Trends,
Analysis And Forecast 2010 - 2018
Published Date
16-10-2012

97 Page Report

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Press Release

Global Food Safety Products Market to Rise at 8.6% CAGR from
2010 to 2018

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Food Safety product & testing market

REPORT DESCRIPTION

Food safety products and testing play a vital role in ensuring the safety of various food products. Food
safety products can be of various types, depending on the contaminant against which they are used. The
global food safety testing and products Market has received a strong boost in recent years from the
growing incidence of outbreaks of foodborne diseases. The high technological refinement achieved by
companies operating in the field of food safety products and testing and the consequent increase in
consumer awareness and confidence have also helped the global food safety products and testing market
massively.
According to Transparency Market Research, a leading market intelligence firm, the global market for food
safety products is expected to rise at a CAGR of 8.6% from 2010 to 2018, while the market for food safety
testing is expected to exhibit a CAGR of 8.5% in the same timeframe.
Disinfection Products, Pathogen Testing Segments Lead Respective Markets
Among the various products in the global food safety products market, the segment of disinfection
products took up a leading share of 43% in 2011. The market for disinfection products was valued at
US$4.4 bn in 2010 and is expected to almost double in valuation at an 8.2% CAGR by 2018. Despite the
unchallenged domination of the disinfection products segments, the segment of smart labels and tags is
expected to...

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